Chewy Inc. went public in June 2019. A total of $1,023, 000, 000 was raised in the offering. What percentage of that amount went. to (1) Chewy and (2) selling. stockholders? AirBnB Inc. went public in December 2020. What is the total amount raised in the offering? What percentage of that amount went to (1) AirBnB and (2) selling stockholders? Do you notice any significant differences between the two IPOs? If so, why do you think that is the case?

Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter13: Corporations: Organization, Stock Transactions, And Dividends
Section: Chapter Questions
Problem 4CP
Question
None
Chewy Inc. went public in June
2019. A total of $1,023, 000, 000
was raised in the offering. What
percentage of that amount went.
to (1) Chewy and (2) selling.
stockholders? AirBnB Inc. went
public in December 2020. What
is the total amount raised in the
offering? What percentage of
that amount went to (1) AirBnB
and (2) selling stockholders? Do
you notice any significant
differences between the two
IPOs? If so, why do you think
that is the case?
Transcribed Image Text:Chewy Inc. went public in June 2019. A total of $1,023, 000, 000 was raised in the offering. What percentage of that amount went. to (1) Chewy and (2) selling. stockholders? AirBnB Inc. went public in December 2020. What is the total amount raised in the offering? What percentage of that amount went to (1) AirBnB and (2) selling stockholders? Do you notice any significant differences between the two IPOs? If so, why do you think that is the case?
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